Botswana’s economic prospects for 2025 appear gloomy, with global research firm Business Monitor International (BMI) warning that the challenges facing the economy are far from over. The caution follows a sharp contraction in the final quarter of 2024, largely driven...

The government is seeking parliamentary approval to withdraw over P2 billion from the Consolidated Fund to cover unbudgeted spending incurred during the 2023/2024 financial year, according to a new Bill to be tabled before parliament.   Finance Minister Ndaba Gaolathe...

Sets a bold target to raise P120 billion by March 2029. The Botswana Unified Revenue Service (BURS) has reported a record-breaking P61 billion in revenue collection for the 2024/2025 financial year—an increase of around 4 percent despite a tough economic...

As Botswana's largest citizen-controlled petroleum distributor, Kwa Nokeng Oil has reinforced its commitment to developing local enterprises through substantial investments in citizen-owned transport and supply companies, Chief Executive Officer Mahube Mpugwa revealed this week.   The company's latest figures demonstrate...

The government has turned down a P75 million budget request for BCL Mine's care and maintenance costs in the upcoming financial year.   Minerals and Energy Minister Bogolo Kenewendo revealed the decision while presenting her ministry's budget proposals in Parliament...